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Good Shepherd Homes for Sale

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    $85,000

    • Land
    • 0.92 Acre
    • $92,391 per Acre

    Lots Lakeside St, Waterloo, IA 50703

    Great development opportunity! 0.92 acres available in Waterloo neighborhood. Site can be split to create up to 6 single family lots. Ideal investment opportunity! Listing agent is partial owner of subject property.

    Chris Fischels Fischels Commercial Group

    Lots Lakeside St, Waterloo, IA 50703
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    $148,900 Open Sun 12PM - 1PM

    • 3 Beds
    • 1 Bath
    • 912 Sq Ft

    4027 Niles St, Waterloo, IA 50703

    Don't miss out on this amazing 3 bed 1 bath ranch with a detached 2 stall garage! Newly remodeled and ready for a new owner. The new improvements include new flooring throughout the whole house, new cabinets in the kitchen, new vinyl siding, new vinyl windows, and new garage door and roof. The electrical and plumbing have been recently redone.

    Chase Lyons Oakridge Real Estate

    4027 Niles St, Waterloo, IA 50703
  • /28

    $269,900

    • 4 Beds
    • 1.5 Baths
    • 1,829 Sq Ft

    965 E Donald St, Waterloo, IA 50703

    Here is your perfect in-town acreage! Nestled on 1.22 acres with the perfect view of Gates golf course right out your living room window! Inside you will find an updated kitchen with a great eat in kitchen. Moving along to the living room with the view and beautiful floors! Down the hall you have 3 great bedrooms and a large full bathroom rounding out the main floor. Head downstairs to a new half

    Brice Zeschke Vine Valley Real Estate

    965 E Donald St, Waterloo, IA 50703

Why Live in Good Shepherd

Good Shepherd is a small neighborhood in east Waterloo, bordered by Verden Creek. The area is known for its lush surroundings and affordable housing options, with homes typically priced between $75,000 and $150,000. The neighborhood features primarily ranch-style homes, some with aluminum awnings and cyclone fences, and is characterized by numerous dead-end streets and street-parked cars. Good Shepherd is predominantly composed of apartments and retail spaces, with only 162 homes. Residents have access to several nearby parks, including the expansive Gates Park, just half a mile away, which is undergoing significant renovations to include a new splash pad and an inclusion park. Other parks within 3 miles include Springview Park, Highland Park, and City View Heights Park, each offering various recreational features. The neighborhood is conveniently located less than 3 miles from Downtown Waterloo and the Cedar River, and within 2 miles of several dining options such as East China, Chucksters, Sookie’s Restaurant, Delicias, and Morg’s. The closest grocery store, All In Grocers, is also 2 miles away. Good Shepherd is well-connected with access to U.S. Route 218 and U.S. Route 61, both 3 to 5 miles away, and public transportation is available. The Waterloo Community School District offers the state’s only all-district International Baccalaureate program, although the schools receive average ratings. Residents can enjoy local festivities like Waterloo Days, held every June in Lincoln Park, 3 miles away, featuring a parade, live music, food booths, and children's activities.

Frequently Asked Questions

Is Good Shepherd a good place to live?
Good Shepherd is a good place to live. Good Shepherd is considered very car-dependent and somewhat bikeable with minimal transit options. Good Shepherd is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Good Shepherd has 5 parks for recreational activities. It is sparse in population with 0.6 people per acre and a median age of 42. The average household income is $48,459 which is below the national average. College graduates make up 19.6% of residents. A majority of residents in Good Shepherd are home owners, with 43.2% of residents renting and 56.8% of residents owning their home. A local real estate agent serving Good Shepherd can help you decide if this neighborhood is the right one for you. Learn more on our Good Shepherd neighborhood guide.
Is Good Shepherd, IA a safe neighborhood?
Good Shepherd, IA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Good Shepherd?
The median home price in Good Shepherd is $90,000. If you put a 20% down payment of $18,000 and had a 30-year fixed mortgage with an interest rate of 6.06%, your estimated principal and interest payment would be $430 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $18K a year to afford the median home price in Good Shepherd. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Good Shepherd is $48K.
What are the best public schools in Good Shepherd?
The best public schools that serve Good Shepherd are:
What are the most popular zip codes in Good Shepherd, Waterloo, IA?
The most popular zip codes in Good Shepherd, Waterloo, IA include 50703, 50707, 50701, 50702 and 50613.
What are the most popular neighborhoods near Good Shepherd, Waterloo, IA?
The most popular neighborhoods near Good Shepherd, Waterloo, IA are Gates Park, Common Grounds, Unity, Riverfront and Cityview.
Are home prices dropping in Good Shepherd?
Yes, home prices in Good Shepherd are down 21% in the last 12 months.

Home Trends in Good Shepherd, IA

Housing Trends

Median Sale Price
$81,250
Median Single Family Sale Price
$90,000
Average Price Per Sq Ft
$131
Number of Homes for Sale
2
Last 12 months Home Sales
6
Months of Supply
4.00
Median List Price
$90,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-29%
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